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October Monthly Edition 2022

apsolut Group – Creating a Better Digital Procurement Future by Sustainably Improving Collaboration and Increasing Efficiency Among Businesses

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For any organization today, getting a complete picture of total spend can be difficult. Travel and expense, tax payments, indirect spend, legal spend, external labor, entertainment, direct materials, services, and other layers of procurement and spending activities create a complex landscape. Spend Management is an important discipline, not just because it helps organizations provide visibility and reduce spend, but it also has an impact on income statements. Intelligent Spend Management is an important and relevant lever to tackle external factors like economic downturn and recession.

apsolut Group is a leading consultancy for Intelligent spend management, business network, procurement, supply chain, external workforce management, and business transformation. Its expertise ranges from technical implementation and process consulting to IT project management and the implementation of holistic transformations. They are SAP Gold Partner, multi-awarded SAP Ariba MEE Partner of the Year, development innovation partner of SAP and solution partner of United VARs, the global alliance of top-rated SAP solution providers.

Leveraging Best-in-Class Spend Management Services

SAP S/4HANA Enterprise Management: SAP S/4HANA Procurement encompasses solutions for sourcing and procurement processes within the S/4HANA product suite. The solutions enable seamless end-to-end processes through innovative scenarios and functionality. The central storage of supplier information, secure access to the latest data and key figures, and easy tracking of one's own expenditures offer users an enormous increase in efficiency. The automation of manual processes enables scenarios in which distributed data storage is no longer required. An intuitive user interface guides users, buyers and approvers through the system in a convenient and self-explanatory manner. All common purchasing channels (catalogs, marketplaces, free text, forms, etc.) are supported via a central access point for users. The native integration with the Ariba Business Network offers you a simple way to exchange documents directly and in real time in the collaboration process.

The move to SAP S/4HANA confronts you as a decision-maker with a major challenge – the transformation of your current ERP landscape into the ERP world of the Next Gen. To stick to the term transformation: Even in times before the transition to SAP S/4HANA, there were major release upgrade projects in which their customers from a wide variety of industries relied on apsolut's expertise. Many companies have invested in their IT infrastructure in recent years. The path to the Next Gen ERP world mentioned above can now be unsettling. apsolut's business experts will lead you into the SAP S/4HANA ERP world. No matter whether you want to build on an existing system or develop it from scratch. With them, you can face the requirements around the digitalization of your company calmly.

Workforce Management: Workforce management is the process and systems used to control what activities workers do, when they do the activity, what outcomes are expected and what performance they deliver. It also includes how workers are paid and by whom. It also includes how workers are paid and by who. In workforce management, a distinction is made between internal and external workforces. Internal Workforce staffs are permanent employees on the payroll of the organization. External Workforce is non-permanent employees who are not included on the payroll of the organization. It may also be used to describe workers with an explicitly defined or limited duration of employment. Some of the use cases for external workforce deployment are employee leasing, outsourcing solutions, interim management or service contracts. Whether they are internal or external workers, they need work equipment such as laptops and mobile phones or access to internal systems and company sites, as well as training. They may need to reimburse expenses as part of their payments.

SAP Ariba: apsolut is not only known as a pioneer in SAP-based eProcurement. They were also one of the first European consulting firms to connect their customers to the Ariba Cloud. Medium-sized companies and multinational corporations, public authorities, automotive manufacturers, banks, and high-tech companies all rely on their cloud expertise. For this reason, SAP SE has confirmed this expertise on several occasions, among other things by awarding us several 'SAP Ariba Partner of the Year' awards for the Central and Eastern European region. Their customers also value us as a bridge builder and gap-closer.

Thomas Herbst | Managing Director and Founder

Thomas Herbst founded apsolut GmbH together with Tim Kollmeier in spring 2005. Both knew each other from a previous employer and initially focused the company on the topic of eProcurement, based on SAP Supplier Relationship Management. With the expansion of the company and the opening of further international companies, the apsolut portfolio has expanded and since 2012 also includes cloud solutions from SAP subsidiary SAP Ariba and since 2017 the SAP S/4HANA Enterprise Management division.

Thomas Herbst holds a degree in industrial engineering and studied at the Esslingen University of Applied Sciences. During his early career he concentrated as a consultant at Hewlett-Packard on the optimisation of SAP-based procurement processes and later took over responsibility for the entire SAP SRM consulting division of Heiler Software AG.

"With our Solution Management Services, we guarantee the ongoing effectiveness of your IT structure and its value enhancement, even far beyond the initial go-live."

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